The financial markets watchdog in Malta today issued a warning against Global Intergold. The firm may have been previously known as ‘Emgoldex’, with the address Global iGold UK Limited at Berkeley Square House, in London. The regulator has become aware that the company was soliciting clients in Malta while lacking authorization to do so.
The Malta Financial Services Authority (MFSA) added that it became aware that a number of people were contacting members of the public in Malta to invest with this entity, and the firm purports to offer gold bullion, meanwhile the MFSA said that the entity is not licensed or authorized by it to provide any type of financial services in the country.
The regulator urged consumers to refrain from engaging in any business transactions with the entity, according to the public alert issued earlier today and dated April 28th 2016 on the MFSA website.
Going Past the Great Wall: Things to Consider When Entering the Asian MarketGo to article >>
A brief review of the Global InterGold website – under its ‘about us’ section – reveals that the company claims to be a ‘regulated EU Company’ yet doesn’t provide any readily available information to support such a statement, making one think it could be a scam or otherwise false claim.
The warning adds Global InterGold and its aliases to the MFSA’s list of prior warnings, and the MFSA said that the public can view a separate list of firms that actually have licenses and are currently regulated by the MFSA to offer their services in Malta.